Tuesday, 22 October 2019 15:40 WIB
Hong Kong stocks finished on a positive note Tuesday, tracking gains on Wall Street thanks to growing hopes that China and the US will hammer out the first phase of their trade pact by next month.
The Hang Seng Index rose 0.23 percent, or 60.52 points, to 26,786.20.
The benchmark Shanghai Composite Index added 0.50 percent, or 14.76 points, to 2,954.38 and the Shenzhen Composite Index, which...
Friday, 18 October 2019 09:26 WIB
China's economy slowed sharply in the third quarter, courtesy of the trade tensions with the US, the official data released at 02:00 GMT showed.
The annualised third quarter gross domestic product (GDP) came in at 6%, missing the forecasted print of 6.1% and down from the preceding quarter's GDP of 6.2%.
However, the Industrial Production rose 5.8% year-on-year in September, beating the...
Tuesday, 22 October 2019 15:56 WIB
Gold reversed earlier losses as investors digest the latest trade and Brexit news. Holdings in gold-backed exchange-traded funds continue to close in on a record set in 2012.
Gold ETFs expanded for a third day Monday, extending this year's increase to 16%. Central banks including Turkey and Germany also added gold holdings last month, joining major buyers like Russia and China,...